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Mercury 2.5 vs Qwen-Plus

Mercury 2.5 costs 5.2x less per output token than Qwen-Plus ($0.15 vs $0.78 per million). Updated October 21, 2026; no benchmark has tested both models yet.

Mercury 2.5Inception
Coding
1.6
Overall
No data
Output $/M
$0.15
Qwen-PlusQwen
Coding
No data
Overall
No data
Output $/M
$0.78
vs $0.15 vs $0.78 per 1M output tokens. Mercury 2.5 is 5.2x cheaper.

Mercury 2.5 or Qwen-Plus: which to pick

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; Qwen-Plus has none, so the two cannot be ranked on coding.

Pick Qwen-Plus for a larger context window (1M against 260K tokens).

No benchmark has tested both yet. Mercury 2.5 has results on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI); Qwen-Plus on LMArena Text: coding, LMArena Text: software and IT and GPQA Diamond (Epoch AI run). Compare them on price and context instead.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
Mercury 2.5 1.6 from 2 benchmarks, Qwen-Plus not benchmarked.
Widest category
None yet: no category has been tested on both models.
Widest single gap
None yet: no benchmark has tested both models.
Output price
Mercury 2.5 $0.15 against Qwen-Plus $0.78 per million output tokens, 5.2x apart.
Context window
Mercury 2.5 takes 260K tokens, Qwen-Plus 1M.

Benchmark by benchmark

Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.

CodingDirectional onlySix of these boards feed the Vibe Coding Index11 boards measured
Coding benchmarks for Mercury 2.5 and Qwen-Plus
BenchmarkMercury 2.5Qwen-PlusLeader
Terminal-Bench 4 (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
Vibe Code Bench (Vals AI)3.7%Not measuredOnly Mercury 2.5 measured
Code migration (Vals AI)4.5%Not measuredOnly Mercury 2.5 measured
IOI (Vals AI)2.4%Not measuredOnly Mercury 2.5 measured
Terminal-Bench 2.1 (Vals AI)34.5%Not measuredOnly Mercury 2.5 measured
SkillsBench (Vals AI)18.1%Not measuredOnly Mercury 2.5 measured
CyberBench (Vals AI)45.5%Not measuredOnly Mercury 2.5 measured
SciCode38.5%Not measuredOnly Mercury 2.5 measured
ALE-Bench301.6Not measuredOnly Mercury 2.5 measured
LMArena Text: codingNot measured1328Only Qwen-Plus measured
LMArena Text: software and ITNot measured1343Only Qwen-Plus measured
Neither model has a result on the other 28 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Intelligence benchmarks for Mercury 2.5 and Qwen-Plus
BenchmarkMercury 2.5Qwen-PlusLeader
AA Intelligence Index12.3Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Agentic work benchmarks for Mercury 2.5 and Qwen-Plus
BenchmarkMercury 2.5Qwen-PlusLeader
Finance Agent (Vals AI)18.9%Not measuredOnly Mercury 2.5 measured
Tax Agent Bench (Vals AI)2.5%Not measuredOnly Mercury 2.5 measured
Legal Research Bench (Vals AI)4.3%Not measuredOnly Mercury 2.5 measured
Excel Modeling Benchmark (Vals AI)8.8%Not measuredOnly Mercury 2.5 measured
Terminal-Bench-Science (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 36 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Reasoning benchmarks for Mercury 2.5 and Qwen-Plus
BenchmarkMercury 2.5Qwen-PlusLeader
Humanity's Last Exam (Artificial Analysis run)11.8%Not measuredOnly Mercury 2.5 measured
GPQA Diamond (Epoch AI run)Not measured48.1%Only Qwen-Plus measured
LMArena Text: hard promptsNot measured1317Only Qwen-Plus measured
LMArena Text: expertNot measured1328Only Qwen-Plus measured
LMArena Text: hard prompts in EnglishNot measured1333Only Qwen-Plus measured
Neither model has a result on the other 17 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Math benchmarks for Mercury 2.5 and Qwen-Plus
BenchmarkMercury 2.5Qwen-PlusLeader
OTIS Mock AIMENot measured17.8%Only Qwen-Plus measured
ProofBench3.0%Not measuredOnly Mercury 2.5 measured
MATH level 5Not measured65.3%Only Qwen-Plus measured
LMArena Text: mathNot measured1326Only Qwen-Plus measured
LMArena Text: mathematical workNot measured1332Only Qwen-Plus measured
Neither model has a result on the other 8 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index6 boards measured
Knowledge benchmarks for Mercury 2.5 and Qwen-Plus
BenchmarkMercury 2.5Qwen-PlusLeader
LegalBench (Vals AI)83.1%Not measuredOnly Mercury 2.5 measured
MedCode (Vals AI)31.3%Not measuredOnly Mercury 2.5 measured
LMArena Text: scienceNot measured1352Only Qwen-Plus measured
LMArena Text: medicine and healthcareNot measured1350Only Qwen-Plus measured
LMArena Text: legal and governmentNot measured1349Only Qwen-Plus measured
LMArena Text: business and financeNot measured1303Only Qwen-Plus measured
Neither model has a result on the other 12 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index17 boards measured
General benchmarks for Mercury 2.5 and Qwen-Plus
BenchmarkMercury 2.5Qwen-PlusLeader
Public Benefits Bench (Vals AI)45.3%Not measuredOnly Mercury 2.5 measured
MedScribe (Vals AI)55.1%Not measuredOnly Mercury 2.5 measured
Long context reasoning (AA-LCR)71.7%Not measuredOnly Mercury 2.5 measured
DTBenchNot measured81.1%Only Qwen-Plus measured
LMCANot measured24.0%Only Qwen-Plus measured
LMArena TextNot measured1326Only Qwen-Plus measured
LMArena Text: instruction followingNot measured1303Only Qwen-Plus measured
LMArena Text: creative writingNot measured1292Only Qwen-Plus measured
LMArena Text: EnglishNot measured1339Only Qwen-Plus measured
LMArena Text: non-EnglishNot measured1310Only Qwen-Plus measured
LMArena Text: ChineseNot measured1347Only Qwen-Plus measured
LMArena Text: JapaneseNot measured1251Only Qwen-Plus measured
LMArena Text: RussianNot measured1323Only Qwen-Plus measured
LMArena Text: multi-turnNot measured1336Only Qwen-Plus measured
LMArena Text: longer queriesNot measured1324Only Qwen-Plus measured
LMArena Text: writing and languageNot measured1296Only Qwen-Plus measured
LMArena Text: entertainment and mediaNot measured1270Only Qwen-Plus measured
Neither model has a result on the other 29 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

Mercury 2.5$0.0001Fits in one request
Qwen-Plus$0.0006Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

Mercury 2.5$0.0024Fits in one request
Qwen-Plus$0.015Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

Mercury 2.5$0.0095Fits in one request
Qwen-Plus$0.060Fits in one request

Mercury 2.5 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of Mercury 2.5 and Qwen-Plus
SpecificationInception Mercury 2.5Qwen-Plus
MakerInceptionQwen
WeightsNo public weights listedNo public weights listed
ReleasedSeptember 8, 2026February 1, 2025
Context window260K1M
Input $/Mtok$0.04$0.26
Output $/Mtok$0.15$0.78
Coding index1.6Not benchmarked
Independent measurements behind it20
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 2.5 better than Qwen-Plus for coding?

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; Qwen-Plus has none, so the two cannot be ranked on coding. Pick Qwen-Plus for a larger context window (1M against 260K tokens).

Which is cheaper, Mercury 2.5 or Qwen-Plus?

Mercury 2.5 costs $0.04 per million input tokens and $0.15 per million output tokens; Qwen-Plus costs $0.26 and $0.78. Cost per solved task is known for neither of them.

Which has the bigger context window, Mercury 2.5 or Qwen-Plus?

Qwen-Plus, with 1M tokens against 260K.

Has any benchmark tested both Mercury 2.5 and Qwen-Plus?

No benchmark has tested both yet. Mercury 2.5 has results on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI); Qwen-Plus on LMArena Text: coding, LMArena Text: software and IT and GPQA Diamond (Epoch AI run). Compare them on price and context instead. Data as of October 21, 2026.

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